Financial Month End Style 710

If you are looking for normal 2018 monthly or yearly calendar templates, please visit our 2018 Calendar page. Use the sheet for monthly, quarterly, and annual tasks. Close the books with less runaround. Share this sheet with your accounting team to easily manage your financial month end process and keep everyone on schedule. A multiple step income statement separates operating income and expenses from non-operating activity. Operating income and expenses are transactions related to the day-to-day operations of the business. As you can see, everything starts with the prior period’s balance sheet. This is the starting point for all of the reports because it shows the asset, liability, and equity accounts at the beginning of the period. Create a sales forecast spreadsheet to use in your business plan, including estimated sales, COGS, and gross profit on a monthly basis over 3 years.

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